FOLSOM, Calif. — Silicon Valley-based technology company Intel plans to sell its Sacramento-area campus in a cost-cutting effort, the company confirmed to KCRA 3.
A company spokesperson said Intel plans to list its Folsom site for sale and lease back the space it needs.
“We are shifting our global real estate strategy to focus on fewer, more populated locations and eliminate underutilized space,” Intel told KCRA 3 in a statement Sunday. “This approach will foster greater in-person collaboration at our largest sites while also delivering cost savings for the company.”…